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1.20%

$20.22 neuren pharmaceuticals limited

oh yes or course, that makes complete sense.Thanks for the reply!

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prodigy1

1,153 Posts.

128

22/12/23

08:51

Post #: 71582401
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Originally posted by travelbug2: ↑

if the stock price rises they need to keep their weighting the same as the percentage of the Neu percentage of the index. So if they have too little, they need to catch up. if they have too much, they should divest.

I am betting there are more in camp 1 than 2 at this time.

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Originally posted by TonyWAIW: ↑

As our market cap rises our relative weight in the index goes up. When we were the 198th biggest stock in the index and representing less than 0.2% of the index, you could choose not have NEU in your fund at all and the consequences on relative performance would be statistically insignificant. The more our SP grows the greater divergence from true index weighting/performance in your fund if you dont hold the stock.

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oh yes or course, that makes complete sense.

Thanks for the reply!

NEU Price at posting: $22.57 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $20.22		Change 0.240(1.20%)		Mkt cap ! $2.584B

Open	High	Low	Value	Volume
$20.11	$20.34	$19.63	$8.874M	441.3K

Buyers (Bids)

No.	Vol.	Price($)
1	1010	$20.22

Sellers (Offers)

Price($)	Vol.	No.
$20.23	1443	2

View Market Depth

No.	Vol.	Price($)
1	1010	20.220
1	1235	20.200
2	2543	20.160
1	1085	20.140
2	1116	20.120

Price($)	Vol.	No.
20.230	1250	1
20.320	1116	2
20.340	1085	1
20.380	322	1
20.390	1451	2

Last trade - 16.10pm 25/06/2024 (20 minute delay)

NEU (ASX) Chart